Oversea warehouse stagnation is one of the problems that cross-border e-commerce sellers may face when operating overseas warehouses. Stagnant goods refer to situations where goods in storage remain for a long time without being sold or processed in a timely manner.
1、 Reasons for delayed goods in overseas warehousing
Improper sales strategy: Unreasonable pricing, inaccurate product selection, and ineffective promotional activities may lead to unsold products, which in turn can lead to warehouse stagnation.
Market demand changes: Sudden changes in market demand may lead to a decrease in demand for certain goods, resulting in their retention in warehouses.
Seasonal factors: Some products have seasonal demand, and without a reasonable seasonal sales plan, it may lead to storage delays during non seasonal periods.
Improper procurement plan: Excessive or insufficient procurement can lead to storage delays. Excessive procurement may lead to inventory backlog, while insufficient procurement cannot meet market demand.
Logistics issues: Logistics delays, transportation damage, and other issues may result in goods being stranded in the warehouse and unable to be sold on time.
2、 The impact of stagnant goods in overseas warehousing
Financial pressure: Stalking stock means that the seller's funds are trapped in the warehouse and cannot be collected in a timely manner. This will increase financial pressure and affect the operation and development of sellers.
Difficulty in inventory management: Stalking inventory can lead to difficulties in inventory management, making it difficult for sellers to accurately grasp inventory status and adjust procurement and sales plans in a timely manner.
Product obsolescence: Prolonged shelf life may lead to product expiration, obsolescence, loss of sales value, and even the need for discount processing, affecting profits.
Storage costs increase: Stagnant goods increase storage time, which in turn increases storage costs, including rent, operating expenses, and inventory management expenses.
3、 Strategies for Dealing with Backlogs in Overseas Warehousing
Regular inventory check: Conduct regular inventory checks in the warehouse, promptly identify any issues with overdue goods, and make adjustments based on market demand.
Sales data analysis: Use sales data analysis tools to gain a deeper understanding of product sales and market trends, in order to adjust sales strategies and inventory management.
Promotion and marketing activities: Through promotion and marketing activities, increase the exposure and attractiveness of products, increase sales volume, and reduce the risk of stagnant goods.
Multi channel sales: Expand multiple sales channels, including online and offline channels, to increase sales opportunities and reduce the possibility of stagnant goods.
Regular clearance of stagnant goods: Regularly review inventory, identify stagnant goods, and take corresponding measures, such as price reduction, gift matching, etc., to accelerate the sales of stagnant goods.
Logistics optimization: Collaborate with reliable logistics partners to ensure timely and accurate delivery of goods to destinations, avoiding logistics delays and damage issues.
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